WacoTexas

Waco Population Demographics

According to US population projections for 2022, the estimated population of Waco is 139,601. 28.98% is under 18, while 12.91% is over 65.

A closer look at the age demography reveals that 6.87% of the population was five years old or younger, 28.98% were 18 years or younger and 22.95% were aged 65 years and over. The gender split in the state was nearly even, with 52.85% female and 47.15% male.

Waco Housing

According to the US Census, Waco has 60,756 housing units. The average owner-occupied housing unit rate in Waco was 87.70%. At the same time, the city's median value of owner-occupied homes was $177,300

Waco Racial Demographics

In 2020, the US Census estimated that White Alone and Black Or African American Alone constitute 70.01% of Waco's population. Residents of the city who were Some Other Race Alone, made up 13.44% of the total population.

Other racial groups include Asian Alone, constituting 2.61% of the city's population and White Black Or African American at 1.14%

How Educated is Waco

According to Census estimates, in 2021, 16.5 of Waco residents had a bachelor's degree, while 12 had a graduate or professional degree.

Overall, 28.50% of residents have a bachelor's degree or higher.

Average Income in Waco

The median household income in Waco is $49,952. This figure is significantly (approximately 0.00%) less than the state average of $49,952.

Estimates by family type revealed that families earned an average of $64,596 per year, while married-couple families earned an average of $83,474.

A closer examination of the income groups of Waco households revealed that the largest income group consisted of households with an annual income between $50,000 and $74,999. Other groups with yearly high household incomes include those between $25,000 and $34,999 (12.5%) and those with incomes exceeding $200,000 (4.7%). 9.1% of households in the City of Angels had an annual income of less than $10,000.

Median Income by Type of Family